36 USC § 40707 - Nonapplication of audit requirements
---
identifier: "/us/usc/t36/s40707"
source: "usc"
legal_status: "official_legal_evidence"
title: "36 USC § 40707 - Nonapplication of audit requirements"
title_number: 36
title_name: "PATRIOTIC AND NATIONAL OBSERVANCES, CEREMONIES, AND ORGANIZATIONS"
section_number: "40707"
section_name: "Nonapplication of audit requirements"
chapter_number: 407
chapter_name: "CORPORATION FOR THE PROMOTION OF RIFLE PRACTICE AND FIREARMS SAFETY"
subchapter_number: "I"
subchapter_name: "CORPORATION"
part_number: "B"
part_name: "Organizations"
positive_law: true
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1337.)"
---
# § 40707. Nonapplication of audit requirements
section 10101 of this title
The audit requirements of do not apply to the corporation.
---
**Source Credit**: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1337.)
| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 40707 | (no source). | |
The section is added to except the Corporation for the Promotion of Rifle Practice and Firearms Safety from the application of section 10101 of the revised title, restating 36:1101–1103, which imposes audit requirements on certain federally chartered corporations. The corporation is not included in the list of corporations set out in 36:1101 to which the audit requirements apply.